Kecekapan teknikal perbankan Islam: Aplikasi produk perkongsian untung rugi (PLS)

• Main Authors: Mohammad Bahar, Nor Fadzlin, Sanusi, Nur Azura
• Format: Conference or Workshop Item
• Language: English
• Published: 2012
• Subjects: HG Finance
• Online Access: http://repo.uum.edu.my/12115/1/3D2.pdf; http://repo.uum.edu.my/12115/; http://www.ukm.my/fep/perkem/index.html

Mudarabah and Musyarakah are the profit-loss sharing (PLS) concept that are resilient combination of the strong the intrinsic features of Islamic finance and the implementation of prudential risk management standards and practices.Considering this fact, Mudarabah and Musyarakah become one of the recommendations under the Financial Sector Master Plan (FSMP) to increase the efficiency of Islamic banking system in Malaysia.Therefore, this study presents a new perspective focusing on technical efficiency of Islamic Banking in Malaysia based on PLS products during the FSMP period of 2003-2010 by using Data Envelopment Analysis (DEA).In fact, this study differs from other studies since it highlights the use of PLS inputs and outputs to identify the inefficient Islamic banks and analyse the annual average efficiency scores based on the ownership status of Islamic banks.The finding shows that there are only three Islamic banks had achieved a full technical efficiency during the period of study namely AmIslamic Bank, Citibank and Kuwait Finance House, while the efficiency scores for other Islamic banks are not consistent.Nevertheless, from empirical findings suggested that these Islamic banks are capable to increase efficiency if they are able to allocate PLS deposits fully to PLS financing and investment only and at the same time, they have to increase the amount of PLS financing.In comparison, the average annual technical efficiency of foreign full- fledged Islamic bank is higher than domestic full-fledged Islamic banks.Meanwhile, the average technical efficiency of the domestic Islamic subsidiaries and foreign Islamic subsidiaries have increased every year and almost equal to the average technical efficiency when they operate as Islamic windows.